Max SBI Card Prime
Last Updated : Feb. 25, 2020, 12:34 p.m.
The State Bank of India and the Landmark Group in collaboration have launched the Max SBI Card Prime. This credit card will improve your lifestyle as it has a lot of offers and benefits. You can earn thousands of reward points by doing various transactions. Enjoy the free domestic airport lounge access through this credit card. There are a lot of other features as well that will amaze you. Take a look at all of them and see which offer can be helpful to save some extra bucks from the monthly expenses.
Benefits of the Max SBI Card Prime
Here are some of the eye-catching benefits of this credit card. Explore all of them and plan how to make the optimum use of this card.
Welcome Offers
- Earn 12000 Reward Points that are equal to ₹3000 as the joining Benefits.
Terms and Conditions
- All the reward points will be credited within 30 days after making the payment of joining fees.
- The joining fees must be paid in full.
Spend and Earn Reward Points
- Spend ₹100 at the Landmark Stores and earn 15 reward points on each.
- Earn 10 Reward Points on every transaction of ₹100 done on movies and dining.
- Earn 2 reward points on every other expenditure of ₹100.
Terms and Conditions
- 4 Reward Points are equal to ₹1.
- The cardholders are not allowed to earn any reward points on fuel transactions.
Achieve Milestone and Earn Reward Points
- Reach the Annual Transaction Limit of ₹5 Lacs and Earn 20000 Reward Points.
- On spending ₹40000 at the Landmark Stores earn 6000 Reward Points.
- Earn 12000 Reward Points on reaching the milestone of ₹1 Lac at the Landmark Stores.
- Achieve the Milestone of ₹1.8 Lacs and get 20000 Reward Points.
Fuel Surcharge Waiver
- Get a flat discount of 1% on the fuel surcharge at all the petrol pumps.
- Take a Maximum Discount of ₹250 in a month.
Terms and Conditions
- The minimum transaction must be of ₹500 to enjoy this offer.
- The maximum transaction to get the waiver is ₹4000.
Free Domestic Airport Lounge Visits
- Get 8 Free Visits to the Domestic Airport Lounge across India in a year.
- The cardholder is eligible to take a maximum of 2 visits per calendar quarter.
Terms and Conditions
- The Cardholder has to present the Max SBI Card Prime at the time of entry.
- The Cardholder has to present the Max SBI Card Prime at the time of entry.
Enjoy Priority Pass Membership
- Get a Free Priority Pass Membership worth $99.
- Enjoy 4 visits for free in a year.
- Take a maximum of 2 visits per calendar quarter.
Terms and Conditions
- The visits are chargeable after the expiration of the free visits.
Card Renewal Offer
- Get 12000 Reward Points at the time of renewing the SBI Max Card Prime.
- These 12000 Reward Points are equivalent to ₹3000.
- 2.4 Reward Points make 1 Landmark Point.
Reward Point Redemption
Buy mobile phones, electronic gadgets, and many other products using reward points. The SBI offers a list of products that can be bought through the Reward Points.
- You can convert all the reward points into Landmark points to enjoy double benefits.
- 5 Landmark points are equal to ₹3 that means 1 Landmark Point is equal to 60 paise.
Throw Some Light on the other Features of this Credit Card
Cash Availability:- There are some credit cards that can’t be used to withdraw cash. But this credit card allows you to withdraw cash from more than 1 million Visa ATMs present across the world.
Contactless Payment:- The option of contactless payment is also available on this credit card. You just have to touch the card on the vendor’s machine for making the payment without entering a PIN or an OTP.
Global Acceptance:- There are more than 24 million outlets that accept the SBI Max Prime Credit Card. So you can use it on all those outlets. There are 3.25 Lacs outlets in India where this credit card is easily accepted.
EMI Conversion:- Now you can purchase something big through this credit card. It allows you to convert the transaction of more than ₹2500 into easy EMIs so that it becomes convenient for you to purchase expensive items.
Add-On Cards:- The Add-on cards are absolutely free. You can easily apply for an Add-on card for your family members. Your parents, spouse, siblings, and children above the age of 18 years can take an Add-on card.
Balance Transfer:- There are some individuals who use 2 to 5 credit cards. So, if you are using the SBI Credit Card and the credit card of some other banks, then you can transfer the outstanding balance of that credit card on the Max SBI card Prime.
Fee and Charges of Max SBI Card Prime
A on-time annual fees of ₹2,999+GST and the same amount of renewal fees applies to keep the card active. Check out the rest of the charges below:-
| Types of Fees | Amount (In ₹) |
|---|---|
| Card Replacement | 100-250 |
| Rewards Redemption Fee | 99 |
| Payment Dishonor | 500 |
| Over Limit Fees | 600 |
| Finance Charges | 3.50% per month |
| Cash Payment fee | 250 |
| Cash Advance Fees | 500 |
| Foreign Currency Transaction fee | 3.5%(For All Cards Except Elite & Aurum) |
| Processing Fee on all Rent Payment Transactions | 199 |
| Balance Transfer | 1.7% per month (for 180 days tenure) |
Charges for the Outstanding Fee of Max SBI Card Prime
| Outstanding Amount | Charges |
|---|---|
| For the amount between ₹ 0 to ₹500 | NIL |
| Exceeding ₹500 and up to ₹1,000 | ₹400 |
| Exceeding ₹1,000 and up to ₹10,000 | ₹750 |
| Exceeding ₹10,000 and up to ₹25,000 | ₹950 |
| Exceeding ₹25,000 and up to ₹50,000 | ₹1,100 |
| Above ₹50,000 | ₹1,300 |
Max SBI Card Prime Payment Options
The State Bank of India provides online facilities like Net Banking and SBI Mobile Application that can be used to make the payment of the SBI credit card bills. Then there are some third-party payment gateway like BillDesk, Paytm, GPay that are safe and helpful for making the Max SBI Card Prime payments. Some individuals use NEFT for making the payment if they don’t have an SBI bank account. So, you can see the majority of peoples make the SBI Credit card online payment and they avoid cash payments because it includes some extra charges.